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Sell Amara Raja, Shriram Transport; buy Dalmia Bharat, Piramal Ent: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that one may buy Amara Raja Batteries and Shriram Transport Finance and can buy Dalmia Bharat and Piramal Enterprises.

June 12, 2017 / 09:38 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have a sell on Amara Raja Batteries with a stop loss at Rs 872, look for targets in the range of about Rs 830-825. Also a sell on Shriram Transport Finance with a stop loss at Rs 1,008 for targets close to about Rs 955. A conditional sell on Bank of India (BoI) and I would want to see the stock break below Rs 141, which has acted as a good pivot in the last few days. If it breaks that, sell with a stop loss at Rs 145, look for target of Rs 132."

"Two buy calls, Dalmia Bharat. I think good set up is over there, want to buy it around Rs 2,450. So, if I get it in the morning dip, good levels to enter this stock, keep a stop loss at Rs 2,405, look for targets close to about Rs 2,550."

"A similar set up on Piramal Enterprises which I would buy around Rs 2,925, keep a stop loss below Rs 2,865 and look for Rs 3,050 as the target," he added.

first published: Jun 12, 2017 09:36 am

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